Stowaways – Problematic Ports

The issue of stowaways onboard entered vessels is a perennial problem for the Club, with 60 cases involving 220 stowaways in the past 12 months, costing over USD 1.6 million to

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International Marine Organization’s (IMO) sulfur content cap on bunker fuels, will destroy fuel oil demand

In its recent five-year outlook on petroleum products, ESAI Energy examines the implementation of the International Marine Organization’s (IMO) 0.5 percent sulfur content cap on bunker fuels, which is slated to

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World FLNG Market Forecast 2018-2023

Global FLNG Capex to total $37.6bn, as the second wave of liquefaction projects gets final investment decision

The sanctioning of ENI's Coral South FLNG unit signalled the second wave of liquefaction vessels expected

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The Danish and Turkish Straits are critical to Europe’s crude oil and petroleum trade

The Danish Straits and Turkish Straits, together transited by a combined volume of more than 5 million barrels per day (b/d) in 2016, are important chokepoints for Europe's crude oil and

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Oil Market Highlights

Crude Oil Price Movements
The OPEC Reference Basket averaged $46.93/b in July, representing a gain of about 4% m-o-m. Y-t-d, the Basket was almost 34% higher at $49.75/b. Oil futures in

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